Australia’s Unemployment Rate at a 10 Year High [in the media]

Friday, February 14, 2014

Mark McCrindleThe latest ABS labour force release indicates that Australia’s unemployment rate has reached 6 percent – the highest rate recorded over the past decade.

The estimated 3,700 jobs lost in January is a strong contributing factor to the increased unemployment rate, which is higher today than even its peak in the global financial crisis at 5.9%.

Social researcher Mark McCrindle joins Network Ten’s Wake Up to discuss why Australia’s employment rate has risen:

“It’s largely a factor of the slow-down of the mining boom,” Mark says. “In WA in the last month the unemployment rate has risen by half a percent. The mining sector is our largest employer, so that’s been a big hit.

“Employers are also shifting jobs from full-time to part-time, so we’ve had an increase in part-time roles in the last month but a loss of more than 7,000 full-time roles.”

“It looks like this trend is set to continue, at least for the next six months. The trend line has been ticking up slowly over the last few years. If you go back three years the unemployment rate was just 1% lower than it is today – so the increases haven’t been dramatic.”

“Keep in mind on a global sense, we’re well below the unemployment rate of 6.7% in the US and 7% in the UK, and even 10% in France. In global terms we’re doing ok, but certainly the trend is not good.”

Mark also discusses unemployment rates specific to Victoria and South Australia, including the shift away from auto manufacturing and mining to IT and technical jobs and the knowledge economy.

Watch the segment here:

Mark McCrindle

Welcome to our blog...

We have a passion for research that tells a story, that can be presented visually, that brings about change and improves organisations. And we hope these resources help you know the times.

Our Social Media Sites

Facebook | McCrindle Research Social Media YouTube | McCrindle Research Social Media Twitter | McCrindle Research Social Media Flickr | McCrindle Research Social Media Pinterest | McCrindle Research Social Media Google Plus | McCrindle Research Social Media LinkedIn | McCrindle Research Social Media Mark McCrindle Slideshare

Last 150 Articles


VET sector social trends spirituality marriage capital city university princess charlotte perth twentyseventeen education IT Specialists vegemite dream CBD volunteer New Zeland communities Population Clock leader world youth day builders skills population wealth South Australia Netflix shopping centre hills shire storytelling ashley mckenzie educated education research Northern Beaches Christian School visual suburban living internships royal land of the middle class Education Future Forum collaborative coffee business index economic social enquiry Research Director Melbourne eliane miles Channel 7 1975 workplace culture school satisfaction volunteers community entrepreneurial faux-cilising media commentary university degree collaboration urban taskforce potts point identity government brand gender shopper's pick celebration crows nest focus group friends NBRS research data cars social analysis Geoff Brailey Generation X demographic transformations father's day video TDE 2016 census visualisation Australians social lives parenting selfie qualitative research alpha Sydney Hills Business Chamber changing face of sydney eliane chairty new york times Adelaide presentation curiosity financial future debt statistics professional speaker retirement workforce SA speakers pack hornsby workshop education sector plans "know the times" survey story property market life nfp research services recap Canberra forecast leadership future of education wealth and income panel long weekend demographic trends rental stress public holiday society trends Christmas lunch average sydneysider staff Wodonga speaker baby boom baby case study post rationalism suburbs mccrindle research impact media activity learner acf15 group session public speaker networking cartodb resource live the dream rich publication communications Duchess of Cambridge Queensland cancelling plans ABS Northern Beaches students data visualisation Myth Hills Shire Council overcast cancelling event increasing densification January 26th demographic brisbane media release 2015 TED aged care generation alpha safe mobile family earnings generation Z housing growth religion survey design presentations geomapping the average aussie pharmacies healthy future Generation Y work-life relational Australian Communities Trends Financial Planning Week future proofing NFP event mythbusters Vocational education buildings shbc jobs education future report internet royal influence conferences grandparents ACF17 census HSC TEDx national wealth gen alpha Hornsby Shire Council financial fears FOMO social shifts goals medicine state money VIC earning Sydney personal growth breakfast 1994 Love socialising couple care support mortgage growth language emerging technologies DESTEL capital cities paying to work cash pyrmont showreel young people in the media award group apartment environment WA apartments Deaths ACT 24,000,000 friendship sydneycity micro apartments households consumer 24 million culture teachers social commentator sports REIV Conference Scouts consumerism millennials middle class optus my business awards the hills shire water culturally diverse australia litter gig communicate CPI volunteering data Mark McCrindle define financial independence mccrindle rule keeper food keynote shopping office space waverton micro insight JOMO cultural diversity population map ultimo faux-cilise renting Assistant Store Manager technology not for profit christian Christmas season cooking data stats mentor professional services Kiwi Christchurch researcher charities global generations sunburnt country church train Australian Bureau of Statistics travel sunny days NEETs 2013 baby name predictions digital marriages new office affordable interactive norwest holiday google speakers aged care puzzle household sydneysider christmas 2014 home owner office opening toys teleworking mover and shaker emerging generations futurist event resilience royal baby tableau investment SMSF cost 1980 anzac Australian Home australian communities forum cultural diveristy ageing innovative renter of the future 23 million baby boomers market research woolworths conference local 10 years trades entrepreneur The ABC of XYZ Tuesday Trend youth high density states Australian Census meetings earn innovation office summer australian community trends report experience NT sentiments children menai year 12 FPA affordability kate middleton population milestone trend tuesday supply and demand economy learn housing affordability jobs of the future the hills salary tattoos The Daily Edition English Crime Rates Valentine’s Day blaxland small business Royals marketing gold coast Australian demographics employers student christianity Bathburst focus groups training high density apartments millenials Aussie google for education quote faux-ciliser baby name trends australian personalities fresh New South Wales wages politics Northern beaches Event daily commute NSW future Andrew Duffin social researcher bureau PSI engage dessert public speaking volunteering SMART census fail Christmas presents families teaching wellbeing insights mother's day James Ward repayments average aussie easy rider growing population debate Aussies the changing face of equip divorce future of work optus rise of local gig economy staying in community engagement Channel Seven sun organisational culture research report learning Australian Families outsourcing tea financial dreams spend schools house price online Skilling hopes average Australian dreams workplace baby names cost of living vegetarian cloudy days social impact Res Vis home ownership professional presenters socialites going out mateship ashley fell Australian schools Australian community trends housing trends follow 40 million faith budget Wellington casual women finance darwin demographer local communities village generations the great screenage ageing population screenage Births cold organisations dreaming baby names australia report high school Kirsten Brewer social change leadership workshop local community global Work place infographics fears typical australian monarchy DIY child care winter SRE rain Tuesday Trends seasons tuesday millionth environmental scanning brand experience infographic Caregiver in depth interviews winter blues newspaper investor weather grave decision Charlotte car social media prince george data analyst huffington post marrickville program global financial crisis megatrends transport wedding world manly travelling national private wealth stay home unemployment population growth Real Estate 1968 dare to dream Queensland: QLD New Zealand sydneysiders tertiary education EFF social house prices mythbusting tv property contiki balance participants society victoria ipswich census 2016 sydney event poker master graphs school Do It Yourself teacher VET easter bondi Tasmania community event Financial Planning Association generation youth unemployment priorities news #censusfail REIV National Conference sydney speaker Australian Trends australians staying home more educhat forum challenge Sydney keynote speaker optimistic Gen Y greatness sector wide study change baby names report house price rise teach Australian Dream conference speaker parents ideas not-for-profit social issues sustainable proactive house clothing crime trends forecasting education future work logan happiness sydney hills motivate choice workers urban living ferry research report responsive Australian communities royal family sector engagement work mates tips wealth and income distribution ACF2017 business performance 2012 low density employment narcissism analysis GPO offenders school students etiquette generational trends Research Executive Engineering Manager Territory entrepreneurs of today Gen X deloitte commute Real Estate Institute of Victoria men charity townhouses Financial Planning Association of Australia business meals neutral bay omnibus demography ethnography thought leadership criminal Wagga Wagga purpose moderators guide wolloomooloo events moreton bay know the times social life goal trends of 2017 award winner owning a home high density living year 7 suburb commuters mining boom infographic wall unaffordable rent demographics energy communication census results lalor park sector wide non profit urban living index the australian dream product snapshot conference presentation ACF trend social researchers census data gen z Australia street facts careers future proof slideshare World Water Day thrive entertainment professional development wage Australian Population 2016 census results results Social Trend lifestyle bus hobart social research area housing market baby name national crime rates 2017 australian social research relevant divorce rate trends analyst schools students financial ACF 2016 mccrindle in the media ease of travel brands wealth distribution Australia Day 2017 McCrindle Speakers February 16 belief future of shopping cica 2016 young australians pharmacy hills future-proof learning styles list sydney metro home Western Australia career income click TED talk poor mccrindle tea hello fresh real customer authenticity System's Architect cancel plans trends of 2016 Word Up Australia Day investing Macquarie University emerging trends Merry Christmas internship australian communities trends report Northern Territory city online shopping property price research pack study NBRS Architecture daily telegraph 2020 financial planning aussie culture shifts intern professional research visualisation rising house prices residents annual income media social commentary names housing weekly earnings keynote speaker living TAS holidays domestic urban